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Lemon exits Brazil over crypto licensing costs

Claire Knox1 min read

Lemon has decided to close its Brazilian operations and terminate about 15,000 local accounts after finding the country’s new crypto licensing capital requirements too costly for its business. Lemon said Brazil’s new capital requirements were “disproportionate” to the size of…

Source: https://crypto.news/lemon-exits-brazil-over-crypto-licensing-costs/

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Claire Knox

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